A year after taking charge of Transnet Freight Rail (TFR), Russell Baatjies is trying to pull the business back from the brink.
Minister of Transport Barbara Creecy has approved a R51 billion guarantee facility for Transnet, effective immediately, in a bid to bolster the State-owned freight and logistics group. This financial ...
JOHANNESBURG, July 27 (Reuters) - South Africa's government will give Transnet an additional 94.8 billion rand ($5.34 billion) guarantee facility to support the ailing state-owned logistics firm's ...